Jr Contracting LLC

499 Carlton Dr
Bentleyville, PA 15314

Talking Points

Experience Mod Rating

Mod is an indication of how risky a company is to insure. It is based on a company's claim history.

  • Experience Mod is in-line with peers, in the 32nd percentile.
  • Mod decreased by more than 75% of peers.
Good

LCM Rate

LCMs have the largest effect on your WC costs. Carriers file LCM's which are multiplied with the state approved Loss Costs for your employment classifications to create your policy rates. Carrier Groups have several Carrier Tier's each with their own filing, allowing their underwriters to price aggressively to overly prudent depending on the risk.

  • The LCM of the Current Carrier is Higher than 60% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • LCM Increased by more than 75% of peers.
Needs Attention

Market Competitiveness

We measure relative change (when a business chooses a different WC provider), and market share distribution over a rolling 24 months as compared to it's industry and state level activity to determine how competitive carriers are for your class of business.

  • 15% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 50th percentile at 2.7% of the market.
Needs Attention

OSHA

Most employers with 10 or more employees are required to maintain injury and illness records, known as the 300 log. In the event of an inspection, this information will likely be requested. Even without injury or claim, the proper documentation should be readily available on a location by location basis. These logs are critical but simple to maintain.

  • Businesses with serious and/or repeat violations should be provided with risk management practices to eliminate unnecessary risk and minimize what must exist in current processes.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

1.975
2021

1.725
2020

-
2020
11-01-2020

1.190
2019

1.190
2018

1.699
2017

-
2017

1.699
2016

1.699
2015

1.699
2014

-
2013

-
2012
11-15-2011

-
2012
11-01-2012

-
2011

-
2010

-
2010
11-01-2009

-
2010
11-15-2009

-
2009

-

Contacts

IYSAPRV AFCFR PV
Benefits Admin
(829) 340-0144
97a1

YITJWBX HSAGJ EU
Benefits Admin
(559) 130-7320
dfa

Cbbwmtp B Kqofv Kq
(288) 206-0664
323

e67
91ba
jzng@opkswh.bgr

Industry Classification

Retirement Benefits

Financials

202120202019201820172016201520142013201220112010
BOY Assets: $ 2,183,446 $ 9,225,995 $ 1,129,776 $ 4,927,658 $ 8,878,093 $ 786,044 $ 639,978 $ 2,505,948 $ 731,891 $ 527,279 $ 702,541 $ 272,445
Liabilities: $ 0 $ 890 $ 8 $ 995 $ 50 $ 50 $ 0 $ 8 $ 8
EE Contrib: $ 38,713 $ 60,797 $ 52,962 $ 85,546 $ 41,934 $ 25,933 $ 42,220 $ 98,831 $ 49,626 $ 77,542 $ 422 $ 21,511
Emp Contrib: $ 200,218 $ 93,157 $ 71,434 $ 971,063 $ 82,140 $ 1,608 $ 1,509 $ 56,351 $ 145,655 $ 64,665 $ 413,298 $ 736,443
Income/Loss: $ 303,399 $ 528,268 $ 169,843($ 94,942) $ 774,034 $ 33,568($ 2,417) $ 48,708 $ 250,055 $ 41,216($ 9,986) $ 58,287
Total Income: $ 542,330 $ 620,969 $ 499,041 $ 8,070 $ 839,689 $ 896,014 $ 76,496 $ 861,132 $ 485,297 $ 81,020 $ 774,465 $ 367,719
Paid Benefits: $ 286,758 $ 34,738 $ 11,146 $ 2,940 $ 9,843 $ 30,405 $ 61,598 $ 468,993 $ 257,831 $ 88,811 $ 6,390 $ 3,789
Expenses: $ 0 $ 610 $ 73 $ 34 $ 335 $ 0 $ 82 $ 80,000 $ 107 $ 324 $ 357 $ 6
  Commission: $ 485 $ 6 $ 15 $ 114 $ 832 $ 242 $ 204 $ 826 $ 2 $ 1
Net Income: $ 255,087 $ 569,326 $ 788,547 $ 42,177 $ 590,850 $ 31,619 $ 18,133($ 642,445) $ 636,427 $ 52,804 $ 791,484 $ 152,738
Net Assets: $ 2,438,533 $ 7,249,097 $ 5,053,150 $ 2,015,179 $ 3,799,770 $ 5,356,759 $ 948,705 $ 229,405 $ 5,077,665 $ 815,877 $ 203,428 $ 631,909

Participants

202120202019201820172016201520142013201220112010
Total Participants:626669924310242582952968
Active Part.:32346497209870478a7c2920
Retired Part.:db0b772f6191321 2db08ab37a
Deceased Part.:3299d880e9ee65f750e78 7

Insurance

No Insurance Coverage

Providers

No Providers

Features

    2E - Profit-sharing

    2G - Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.

    2J - Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.

    2K - Stock bonusCode section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.

    3B - Plan covering Self-Employed individuals.

    3D - Pre-approved pension plan - A master, prototype, or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

    3H - Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).


OSHA

Motor Carrier